Microsoft to Unveil New Xbox on May 21

By

Ian Sherr

April 24, 2013 3:09 p.m. ET

Microsoft Corp. is set to unveil its next generation Xbox videogame console next month.

The software giant on Wednesday said it is planning a special Xbox-themed event at the company's headquarters in Redmond, Wash., on May 21, teasing fans that "a new generation" will be revealed. People familiar with the matter have said Microsoft is...